23
See all 23 photos
$499,000
Est. payment /mo
2 Beds
2 Baths
New
1235 Richmond ST #615 London East, ON N6A 0C1
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Key Details
Property Type Apartment
Sub Type Condo Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 800-899
Subdivision East B
MLS Listing ID X12539490
Style Apartment
Bedrooms 2
HOA Fees $459
Annual Tax Amount $2,721
Tax Year 2024
Property Sub-Type Condo Apartment
Property Description
Turnkey investment in London's most desirable student condo building! This spacious 2-bedroom, 2-bathroom unit is currently tenanted, providing stable and reliable monthly income for the owner. Each bedroom features its own ensuite, maximizing rental appeal for student tenants. The current owner has signed a rental guaranty agreement with Craft Property Group, ensuring a fixed rental assurance-fully transferable to the new owner. Enjoy predictable cash flow and professional property management, making this a low-maintenance investment with reduced vacancy risk. Located steps from Western University and close to downtown London's business center, entertainment district, parks, and Masonville Mall. The building offers premium amenities: rooftop terrace, 40-seat theatre, billiards and games lounge, social lounge, state-of-the-art fitness center, yoga & Pilates studio, and business center. An exceptional opportunity for investors seeking consistent income, strong rental demand, and excellent building amenities.
Location
State ON
County Middlesex
Community East B
Area Middlesex
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Underground
Exposure West
Balcony None
Building
Story 6
Unit Features School,Public Transit,Place Of Worship,Park
Locker None
Others
Pets Allowed No
ParcelsYN No
Virtual Tour https://youtube.com/shorts/cF3Va0ZFtJE
Listed by AVION REALTY INC.
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